Kristopher Browne

Kristopher Browne

Justice Department asks court to scrap decades-old 'Paramount' antitrust decrees - Reuters

Justice Department asks court to scrap decades-old ‘Paramount’ antitrust decrees - Reuters:

The consent decrees also barred studios from owning movie theaters without a court’s approval and banned rules setting minimum prices for movies.

The National Association of Theater Owners, which represents movie theater companies with 33,000 screens across the United States, had urged the department to forbid movie studios to return to the practice of block booking.